EnviroVac Gets New Owner, Looks to Grow

Staff Report From Savannah CEO

Thursday, July 13th, 2017

EnviroVac Holdings, LLC, a leading provider of mission-critical cleaning and maintenance services, and Audax Private Equity, a leading private equity firm headquartered in Boston, today announced that Audax has acquired the ownership interest in EnviroVac held by RLJ Equity Partners, LLC (“RLJ”).

EnviroVac, headquartered in Savannah, GA, utilizes a state-of-the-art fleet of highly technical, innovative, and specialized equipment to perform a broad suite of complementary, high-value added services, ranging from routine cleaning to plant outages. The Company often serves as an in-house provider with embedded equipment and personnel on-site at customer facilities. Led by a veteran management team, EnviroVac is differentiated by its dedication to the highest safety standards, development of the industry’s most skilled workforce, and a commitment to utilizing automation, technology, and innovation to enhance the customer experience.

Kevin Jackson, CEO of EnviroVac, said, “Partnering with Audax provides access to a broad range of resources, enabling EnviroVac to reach new heights in the industrial cleaning industry, grow into new market segments and service lines, and complete additional strategic acquisitions”.

Geoffrey S. Rehnert, Co-Chief Executive Officer, Audax Group, said, “EnviroVac is a leader in the industrial cleaning industry. We are excited to partner with Kevin Jackson and the rest of the EnviroVac team and support them in this next phase of growth.”

Jerry L. Johnson, Managing Director at RLJ Equity Partners, stated, “Since our investment three years ago, EnviroVac has thrived under the leadership of their President & CEO Kevin Jackson. EnviroVac achieved considerable growth as a result of its intentional focus on innovation, customer service, and the integration of a significant strategic acquisition, which enabled EnviroVac to serve the Southeast by providing comprehensive services, thereby boosting revenues. We are proud to have been an instrumental part of EnviroVac’s success.”